Author Question: A small reduction in a country's growth rate is a concern to policy makers because A) a small ... (Read 86 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
A small reduction in a country's growth rate is a concern to policy makers because
 
  A) a small change can have large effects on per capita GDP over time.
  B) a reduction usually leads to future reductions until finally the economy stagnates.
  C) policy makers focus too much on economic growth and not enough on increasing savings rates.
  D) the larger GDP is the better the economic welfare will be in the future.

Question 2

Graphically, the effects of an external cost can be shown as
 
  A) a leftward shift of the market demand curve.
  B) a leftward shift of the market supply curve.
  C) a downward movement along the market demand curve.
  D) a rightward shift of the market supply curve.



dominiqueenicolee

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

For a complete list of videos, visit our video library